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Received a Redundancy Payout?

Received a Redundancy Payout? Compare Your Options Before You Lock It Away.

For redundancy payouts of $50,000+, Deposit Desk can connect you with participating providers offering fixed income opportunities from 6% p.a.

Australians added $21.5B to deposits last quarter. Before you lock a redundancy payout away, compare what else may be available. Source: ABS March 2026

  • Alternatives to traditional term deposits
  • Designed for amounts of $50,000+
  • No cost to enquire
  • Confidential and obligation-free
  • Specialist fixed income providers
  • Quick, simple enquiry process

What would you like to do with your redundancy payout?

I consent to Deposit Desk sharing my details with a participating provider who may contact me about term deposit alternatives.

Free to enquire. No obligation. Takes less than 30 seconds.

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What happens after you enquire?

Tell us roughly how much you have received. Deposit Desk may then introduce you to a participating provider who can explain available fixed income options, rates, terms and risks. You decide whether to proceed. There is no obligation.

Frequently Asked Questions

The following frequently asked questions are educational and based on publicly available information:

Redundancy payments in Australia can include both tax-free and taxable components, depending on factors such as your length of service. This is general information only — you should speak with a tax professional about how your specific payout is treated.
No. Deposit Desk does not provide financial advice on how to allocate funds between debt repayment and investing. This depends on individual circumstances, and a financial adviser or accountant can provide guidance specific to your situation.
There is no set deadline. Many people hold funds in an accessible account while they assess their situation, including their job search timeline, before deciding on longer-term options.
A term deposit involves depositing funds for a fixed period in exchange for a fixed rate of return over that term, subject to the provider’s terms and conditions.
Many people keep a portion of a redundancy payout in an accessible account to cover living costs during a job search, while considering options for the remainder. This is general information only.
This varies by provider. Some participating providers consider amounts from $50,000, while others may have different minimums. Submitting an enquiry lets you see what may be available for your specific amount.
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